Satellite Launched Into Space Aims To Boost Internet In Asia-Pacific and PH
SATELLITE LAUNCHED INTO SPACE – The Asian Development Bank (ADB)-financed satellite has been launched into space and aimed to provide countries in Asia-Pacific access to high-speed internet.
According to an article from Inquirer, ADB stated that Kacific Broadband satellites International Ltd.’s Kacific1 satellite was launched by the Falcon 9 rocket of SpaceX.
It was launched from Cape Canaveral in Florida and would orbit above the Asia-Pacific. The satellite would also have a lifespan of just 15 years.
As per the article, ADB stated that the satellite will be utilized to provide the most powerful signal ever in commercial satellites in the region. This could then provide people in remote regions access to the internet who never had it before.
The ADB also emphasized that information and communications connectivity are powerful tools in fighting poverty through better education, health care, and disaster resilience.
Remote and rural communities are typically beyond the reach of traditional fiber optics as terrestrial distribution and infrastructure takes time to build and is expensive.
Kacific1 will cover these communities in Pacific island-nations and in archipelagic countries like Indonesia and the Philippines.
The satellite will also have beams over South Asia, New Zealand and Papua New Guinea,ADB
Aside from ADB loans, the satellite project is also funded by the ADB-administered leading Asia’s Private Infrastructure Fund. Recently, the ADB had signed the first-ever satellite financing worth over $50 millom
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